volatility of growth and profitability are bank-size dependent, and (iii) the relationship between growth and profitability of a … bank. Using a dynamic panel model estimated by GMM for a mixed sample of more than 1500 banks from 65 countries, we find no … evidence of persistence in bank growth. However, our findings suggest significant persistence in bank profitability. Moreover …

constrained through the U.S. bank stress tests, reflected in a lower minimum capital ratio in the severely adverse scenario. This … bigger capital buffer. We conjecture that bank lending to emerging markets during the zero-lower bound period would have been …

We use payroll data on 1.2 million bank employee years in the Austrian, German, and Swiss banking sector to identify … document an economically significant correlation of incentive pay with both the level and volatility of bank trading income … share in the capital markets divisions with the strength of incentive pay in unrelated bank divisions like retail banking …

the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent … long-term. In this respect, bank penalties resemble still waters that run deep. In contrast, a settlement with regulatory …

We develop a framework to estimate bank franchise value. Contrary to existing models, sticky deposits and low deposit …

products and evaluate market efficiency. We find borrowers prioritize signaling over the environmental impact of green …

the stability/efficiency trade-off. Liquidity requirements unequivocally decrease systemic risk but at the cost of lower … efficiency (measured by aggregate investment in non-liquid assets); equity requirements tend to reduce risk (hence increase …

about the pass-through of monetary policy. On the one hand, negative rates could lead to declining bank profitability making … interest rates per se. This paper uses a large micro level data set of the German bank universe to examine how banks behave in … this uncharted territory. The evidence found suggests that bank's business model, i.e. the share of overnight deposits …

We argue that risk sharing motivates the bank-wide structure of bonus pay. In the presence of financial frictions that …, bonuses respond to performance shocks that are outside the control of employees because they originate in other bank divisions … or even outside the bank. …